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Advantage Property Management
One-time.
One-time. Refundable.
Discover this beautifully renovated 3-bedroom home situated in one of the University of Memphis area’s most desirable neighborhoods. This property perfectly blends modern upgrades with classic character, featuring gleaming refinished hardwood floors and a fully modernized bathroom. The kitchen comes equipped with a brand-new stainless-steel dishwasher, while a new central HVAC system ensures year-round comfort. Outside, the property truly shines with a massive, detached garage, complete with a dedicated shop area and a spacious loft for additional storage. Perfect for hobbyists, students, or families alike! Included Appliances: Dishwasher Range Connection Type: Gas Laundry Hookups: Yes Heating/Cooling: Central HVAC Water Heater: Gas Storage Unit: Detached Garage: Detached Fenced: No If on a voucher program, we do not require you to make 3 X's the monthly rental income. We will ensure you make income to cover your vouchered portion of the rent. If your voucher shopping range covers the rental amount with leeway but your an RTA has less bedrooms than our property, as long as there is room on your voucher closer to the bottom shopping range there is a possibility we could place you in a higher bedroom count home. PLEASE CALL OUR OFFICE FOR INFORMATION PRIOR TO APPLYING We encourage you to view this property prior to applying. To schedule a viewing please call 901-347-3148. To apply for properties, please visit www advantagepropertymgmt com Looking for the perfect rental property? Let Advantage Property Management welcome you home. We have proudly earned our A+ rating with the BBB due to our exceptional customer service, thorough communication and prioritization of our clients. We, too, live and work in Memphis and understand the value of locally owned business. We are proud to be a family owned and operated company that has served our great city for over 15 years and would love to offer our exceptional customer service to you as well. Come experience the Advantage Way. Welcome home. We are proud to offer: 24/7 Maintenance Team: Reporting maintenance issues has never been easier whether it’s online or by phone. After hours issues? No problem! Our dedicated staff work diligently to provide fast service when you need us most. 100% Vetted Vendor Network: We work hard to build long-term relationships with our vendors. Each vendor is screened thoroughly to ensure that everyone servicing your home is reliable, professional, and insured. Online Tenant Portal: Everything you need to take care of business in one place! Rent payments, maintenance requests, contact forms and more can be accessed directly through your online portal. Rental Requirements: -Must make 3 times the rent, and must provide 3 most recent paystubs as proof of income (if moving from out of state, you must show an offer letter of employment) -Must be in good standing with MLGW (provide a recent MLGW bill within the last 30 days) -Provide 3 consecutive bank statements. (Screenshots will not be accepted, statements must be downloaded in full and include all pages from the E-statement. All pages MUST be included.) -Preferred to have one year or more rental history (must upload a copy of a recent tenant ledger) -Preferred to have one year or more with current employer -No prior evictions within the last 5 years (includes rental collections that have been paid and dismissed), no felonies, and no Chapter 7 bankruptcy. (Chapter 13 is a case-by-case situation.) ***Please no..
How 3702 Wayne Ave compares to other nearby properties.
Positives
| Neighborhood | Grahamwood |
|---|---|
| Zip code | 38122 |
| Type | House for rent |
3-bedroom apartments at 3702 Wayne Ave cost about 3% more than the average rent price for 3-bedroom apartments in Memphis.
| Month | Median Rent |
|---|---|
| March 2024 | $1,385 |
| April 2024 | $1,397 |
| May 2024 | $1,398 |
| June 2024 | $1,397 |
| July 2024 | $1,399 |
| August 2024 | $1,398 |
| September 2024 | $1,407 |
| October 2024 | $1,396 |
| November 2024 | $1,395 |
| December 2024 | $1,395 |
| January 2025 | $1,395 |
| February 2025 | $1,395 |
| March 2025 | $1,408 |
| April 2025 | $1,415 |
| May 2025 | $1,436 |
| June 2025 | $1,443 |
| July 2025 | $1,424 |
| August 2025 | $1,399 |
| September 2025 | $1,367 |
| October 2025 | $1,338 |
| November 2025 | $1,314 |
| December 2025 | $1,301 |
| January 2026 | $1,295 |
| February 2026 | $1,296 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,345 |
| April 2024 | $1,247 |
| May 2024 | $1,210 |
| June 2024 | $1,240 |
| July 2024 | $1,295 |
| August 2024 | $1,320 |
| September 2024 | $1,317 |
| October 2024 | $1,284 |
| November 2024 | $1,204 |
| December 2024 | $1,290 |
| January 2025 | $1,378 |
| February 2025 | $1,370 |
| March 2025 | $1,395 |
| April 2025 | $1,440 |
| May 2025 | $1,409 |
| June 2025 | $1,395 |
| July 2025 | $1,305 |
| August 2025 | $1,295 |
| September 2025 | $1,395 |
| October 2025 | $1,375 |
| November 2025 | $1,316 |
| December 2025 | $1,330 |
| January 2026 | $1,262 |
| February 2026 | $1,210 |
Can I afford to live at 3702 Wayne Ave?
Bedrooms
3 bedroomsRent-to-income ratio
30%
$50,000/yr
3538 given ave
memphis, TN, 38122
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memphis, TN, 38112
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memphis, TN, 38112
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memphis, TN, 38152
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2 Beds
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